PKG stock: buy or sell?

PKG stock price: $86.09 -1.35% At close on March 27th, 2020

Updated on:
March 27th, 2020

2

After boosting a super good 8.53% on March/26, Packaging Corporation of America closed yesterday at $86.09 and depreciated a tragic -1.35%. On Monday PKG plummed a spooky -12.67%.

Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products primarily in the United States.

Should I buy PKG stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, Packaging Corporation of America stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Packaging Corporation of America stock a buy?

Financial institutions and banks publish stock ratings everyday. Unfortunately, we couldn't find any rating for PKG stock for the last month.

PKG stock analysis

Daily outlook

After boosting a super good 8.53% on Mar 26th, Packaging Corporation of America closed yesterday at $86.09 and depreciated a tragic -1.35%.

After boosting a super good 8.53% on March 26th, Packaging Corporation of America closed yesterday at $86.09 and depreciated a tragic -1.35%. Since price and SMA200d lines crossed down on February/24, PKG fell $-15.32 per share (-15.11%).

PKG stock chart (daily)

Weekly outlook

Packaging Corporation of America shares remained constant 0.24% this week, ending at $86.09. Early March PKG plummed a dreadful -6.61% in just one week. Early February PKG climbed a brilliant 5.56% in just one week.

Since price and 40-weeks moving average lines crossed down late January, PKG fell $-18.58 per share (-17.75%). Stocks under the 200 days moving average line are usually not recommended for average traders.

PKG stock chart (weekly)

PKG stock price history

PKG IPO was on January 28th, 2000 at $6.88 per share1. Since then, PKG stock grew a 1,151.30%, with a yearly average of 57.60%. If you had invested $1,000 in PKG stock in 2000, it would worth $11,513.00 today.

1: Adjusted price after possible price splits or reverse-splits.

PKG stock historical price chart

PKG stock reached 52-week highs on November at $112.91, and all-time highs 2018-01-26 with a price of 122.6.

PKG stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not found any price forecast for Packaging Corporation of America stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After presenting its last earnings report on April, Packaging Corporation of America . Unfortunately, reported EPS is not yet available in our database.
PKG earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a1.52n/a
2017-Q32017-10-251.681.680.0%
2017-Q42018-01-301.511.563.3%
2018-Q12018-04-241.531.551.3%
2018-Q22018-07-251.972.085.6%
2018-Q32018-10-242.152.233.7%
2018-Q42019-01-292.152.170.9%
2019-Q12019-04-221.97n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual sales report draw a very good increase of 8.84% to $7,014.60 M USD. Nevertheless, its earnings margin (compared to sales) stayed steady to 10.52%, that is $738.00 million.

To have an updated picture of the financial situation of Packaging Corporation of America, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Packaging Corporation of America TTM sales up to March 2019 were $7,057.60 and income was $784.70 M USD. When comparing this TTM figures with the last reported annuality, we can esteem Packaging Corporation of America business evolution since December 2018: Annual turnover up to March, compared to lastest yearly report, remained constant a slightly fine 0.61%. Similarly, profit margin (net income/revenues) remained steady at 10.52%.

PKG annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$3,670 M-$436 M11.9%-
2014$5,853 M59.47%$393 M6.7%-10.01%
2015$5,742 M-1.89%$437 M7.6%11.26%
2016$5,779 M0.65%$450 M7.8%2.93%
2017$6,445 M11.52%$669 M10.4%48.71%
2018$7,015 M8.84%$738 M10.5%10.38%
TTM $7,058 M0.61%$785 M11.1%6.33%

Quarterly financial results

Packaging Corporation of America reported $1,733.70 M in sales for 2019-Q1, a -0.73% decline compared to previous quarter. Reported quarter income marked $186.80 million with a profit margin of 10.77%. Profit margin remained constant a -0.94% compared to previous quarter when profit margin was 11.71%. When comparing turnover to same quarter last year, Packaging Corporation of America sales marked a slightly good gain and stepped up a 2.55%. Looking back to recent quarterly results, Packaging Corporation of America posted 2 positive quarters in a row.
PKG quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$1,580 M-$142 M9.0%-
2017-Q3$1,640 M3.80%$138 M8.4%-2.82%
2017-Q4$1,684 M2.70%$269 M16.0%94.86%
2018-Q1$1,691 M0.37%$140 M8.3%-47.90%
2018-Q2$1,768 M4.55%$187 M10.6%33.19%
2018-Q3$1,810 M2.40%$207 M11.4%10.77%
2018-Q4$1,747 M-3.50%$205 M11.7%-1.02%
2019-Q1$1,734 M-0.73%$187 M10.8%-8.70%

Packaging Corporation of America ownership

When you are planning to invest in shares of a company, it's worth to overview its ownership structure.

Packaging Corporation of America shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 1.47% of all shares.

Bearish positions for PKG stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Packaging Corporation of America:

PKG
Market cap$8.2 B
Total shares94.9 M
Float shares92.4 M
  - Institutional holdings (%)97.0%
  - Insider holdings (%)1.5%
Shares in short selling0.0%

PKG summary

Friday, March 27th, 2020
Open$84.24
Close$86.09
Day range$82.72 - $87.93
Previous close$87.27
Session gain-1.35%
Average true range$9.13
50d mov avg$94.59
100d mov avg$102.11
200d mov avg$100.94
Daily patternlt01a
Weekly pattern lt03a

Packaging Corporation of America performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We selected as the bechmarking frame for Packaging Corporation of America stock.
Stock3m6m12m
PKG-22.26%-17.13%-10.56%

Packaging Corporation of America competitors

Unfortunately, we could not find any public company that could be defined as Packaging Corporation of America competitor. This doesn't mean Packaging Corporation of America does not have any competitor in the market, it's just we could not detected it.

    Latest PKG stock news